o per al, Compounded anually7, Bela took a study loan of1,00,000 at 12 – InterviewSolution

1.	o per al, Compounded anually7, Bela took a study loan of1,00,000 at 12% per annum compounded half-yearly for a year. How muchdid she pay at the end of the year?
Answer» A=P(1+R/100)^2=100000(1+12/200)^2 =100000(1.06)^2=112360

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